Applying for a new credit card can be an anxiety-inducing experience, especially if you’re not sure whether you’ll get approved or not No one wants to deal with the sting of rejection, but there’s more at stake than just your pride The credit card company will usually do a hard inquiry on your credit report … Read more
Accounts that dont report to the credit bureaus cant help your credit — but failing to pay them on time can hurt it. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action … Read more
When life throws you a curveball and your credit card debt goes unpaid, it begs the question – what happens to unpaid credit card debt after 7 years?. Although the unpaid debt will go on your credit report and have a negative impact on your score, the good news is that it won’t last forever. … Read more
Timely rent payment is one of a landlords biggest concerns. So, to better evaluate which applicants are most likely to pay on time, landlords may use credit information to screen tenants. Let us tell you what you need to know about your credit history in order to rent your next place. Tenant credit checks are … Read more
As a loyal Target shopper, you know the perks of using a Target RedCard. The 5% discount on every Target purchase can really add up over time. But what if you need to make a quick stop at Walmart? Can you use your RedCard to get a discount there too? The short answer is no. … Read more
In September 2024, the Consumer Financial Protection Bureau (CFPB) settled with Navient, a once-major U. S. student loan servicer. Navient is banned from servicing federal Direct Loans and must pay $120 million in penalties and relief for affected borrowers. For years, Navient made serious errors that caused borrowers to accumulate thousands of dollars in additional … Read more
If you are thinking of buying a house or getting credit to achieve another personal goal like buying a car or a trip, you have certainly come across the term “credit intermediaries”. But what are credit intermediaries? What do they do?. A mortgage credit intermediary is a person or company that provides intermediation services between … Read more
A credit freeze restricts access to your credit report. If you suspect your personal information or identity was stolen, placing a credit freeze can help protect you from fraud. A good way to protect yourself from identity theft and fraud is to have your credit frozen. However, it stops you from getting loans, credit cards, … Read more
If you’re behind on taxes, you might be wondering if owing the IRS hurts your credit score. Bad marks on your credit report can last for a long time and make it harder to get a credit card, car loan, mortgage, and other things. In order to approve a borrower, lenders want to see proof … Read more
Owning a five-million-dollar home is a dream for many people. Even in the most expensive cities in the US, it’s a major accomplishment. But you also have to be confident that you can afford it. However, even if you make enough to get a loan, you still need to think about other costs. For most … Read more